Know Your Invoice or KYI may sound unfamiliar to you in the first place but that won’t be the same once you finish this article. Most of us have seldomly heard about the word KYC (Know Your Customer). Many of us would have also heard about KYB (Know Your Business)…

In the following lines, we will have an overview of invoice financing based on Islamic principles. Islamic financial experts continuously work on different financial products to make them comply with the Islamic financial principles as required by a significant number of the Muslim population worldwide. Functionally Islamic financial system is…

Theoretically, invoice financing is one of the best forms of short-term financing for both businesses and financing institutions. It is one of the easiest ways to solve cash-flow problems for a business. That’s how every business can grow and utilize its actual potential. …

Digital is the future and the future is digital. We’re living in the digital era. Everything around us is getting digitized in one way or another, the financial sector is no exception to that. The financial sector has been one of the major beneficiaries of this technological revolution. This has…

Credit runs the global economy. Businesses are no exception to this. Most businesses buy and sell goods and services for deferred payments. This is how the economy runs. From buyers’ perspective, acquiring goods and services with some future payment date is very useful. They can immediately get their needs satisfied…

Why do you need to prioritize your invoicing? The question that you may be asking after reading the headline of this piece of writing. Well, that’s what we will be discussing in the next few paragraphs. The most basic definition of Business, as we know is “any commercial activity”. What…

InvoiceMate will change your business, but how? Let’s take a look. Managing accounts is one of the biggest challenges for a business. It decides the fate of a business. Many profitable businesses can sink just because of poor accounts management. That is why the businesses put lots of resources and…

Cash flow is the lifeline of a business. Any business irrespective of its size or volume runs its day-to-day operations with cash. Though businesses heavily rely on credit. Cashflow is a composite term that describes the overall state of the amount transferred in and out of a business. Cash Flow According to…

An Invoice is among the most frequently used commercial documents. It won’t be wrong if we say that it is the most frequently sent and received external document among businesses. As the business, even in its simplest form is about buying or selling goods and services. The primary document used…